Very little that has to do with buying and selling residential real estate is black and white. This is often evident when inspections are done. And inspections are a critical part of a home sale transaction.
Buyers usually make offers to buy a home contingent on inspecting the property to their satisfaction. An inspection contingency gives buyers the permission to inspect the property and can give the buyers the right to withdraw from the contract without penalty, depending on how the contract is written.
For this reason, and to help sellers make accurate disclosures about their property, sellers often choose to have presale inspection reports done before they put their home on the market. Minimally, they order a “wood-destroying pests and organisms” inspection (loosely referred to as a “termite” inspection) and a home inspection.
If the home inspection recommends having an old roof inspected by a roofing contractor, it’s a good idea to follow through with this, and any other similar recommendation. Any presale inspections should be made available to buyers to review before they make an offer. Continue reading